Indiana § 21-38-7-12 - Amount of state contribution

Full text of Indiana Indiana Code § 21-38-7-12 — Amount of state contribution, with citation guidance and answers to common questions.

§ 21-38-7-12. Amount of state contribution

Sec. 12. (a) If a state educational institution establishes a retirement benefit system applicable to employees of the institution who otherwise qualify as members of the fund under IC 5-10.4-4-1, the general assembly shall appropriate to a state educational institution that establishes a retirement benefit system to fund the retirement benefit system an amount estimated to be equal to seven and four-tenths percent (7.4%) of the compensation of an employee who:

(1) makes the election described in section 5 of this chapter; and

(2) becomes a participant in the retirement benefit system of the state educational institution for all or a part of the period of the appropriation.

(b) The state educational institution shall:

(1) estimate the sum described in subsection (a); and

(2) submit the estimate to the budget agency and to the commission for higher education for inclusion in the operating appropriation of the state educational institution.

(c) The estimate described in subsection (b) must be submitted at the same time but separately from the request of the state educational institution for an operating appropriation.

[Pre-2007 Higher Education Recodification Citation: 21-6.1-8-3.]

As added by P.L.2-2007, SEC.279.

IC 21-38-8Chapter 8. Repealed[Pre-2007 Higher Education Recodification Citations:

21-38-8-1formerly 20-12-69-621-38-8-2formerly 20-12-69-721-38-8-3formerly 20-12-69-821-38-8-4formerly 20-12-69-921-38-8-5formerly 20-12-69-1021-38-8-6formerly 20-12-69-1121-38-8-7formerly 20-12-69-1221-38-8-8formerly 20-12-69-1321-38-8-9formerly 20-12-69-1421-38-8-10formerly 20-12-69-15.]Repealed by P.L.74-2026, SEC.163; P.L.152-2026, SEC.291; P.L.152-2026, SEC.297; P.L.152-2026, SEC.298.

IC 21-38-9Chapter 9. Vincennes University; Faculty and Student Exemption From Militia Duty

21-38-9-1Exemption from militia duty

Source: official Indiana text · Last verified 2026-08-27

Frequently Asked Questions About Indiana § 21-38-7-12

What does Indiana Code § 21-38-7-12 cover?

Section 21-38-7-12 ("Amount of state contribution") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Indiana § 21-38-7-12?

A common citation format is "Indiana Code § 21-38-7-12" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Indiana law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.

How does Indiana § 21-38-7-12 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.